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Massive Cyber Attack In Progress In the USA, Europe, Latin America:
shtfplan ^ | 06/26/2012 | Mac Slavo

Posted on 06/27/2012 8:06:06 AM PDT by freedommom

Leading cyber security firm McAfee has issued a startling breaking news report that indicates the U.S., European and Latin American financial systems are under a massive financial attacks that have digitally siphoned some $2.5 billion from thousands of accounts from various financial institutions.

According to McAfee, the attacks are ongoing and international law enforcement agencies are currently working to shut them down:

McAfee and Guardian Analytics have uncovered a highly sophisticated, global financial services fraud campaign that has reached the American banking system. As this research study goes to press, we are working actively with international law enforcement organizations to shut down these attacks.

Unlike standard SpyEye and Zeus attacks that typically feature live (manual) interventions, we have discovered at least a dozen groups now using server-side components and heavy automation. The fraudsters’ objective in these attacks is to siphon large amounts from high balance accounts, hence the name chosen for this research: Operation High Roller.

With no human participation required, each attack moves quickly and scales neatly. This operation combines an insider level of understanding of banking transaction systems with both custom and off the shelf malicious code and appears to be worthy of the term “organized crime.”

This study found 60 servers processing thousands of attempted thefts from high-value commercial accounts and some high net worth individuals. As the attack shifted emphasis from consumers to businesses, mule business accounts allowed attempted transfers averaging in the thousands of Euros, with some transfers as high as €100,000 (US$130,000).

Three distinct attack strategies have emerged as the targets have expanded from the European Union, to Latin America, to the United States.

Debunking the popular wisdom that only big banks are affected, the research documents attacks at every class of financial institution: credit union, large global bank, and regional bank. So far, we estimate the criminals have attempted at least €60 million (US$78 million) in fraudulent transfers from accounts at 60 or more financial institutions (FIs). If all of the attempted fraud campaigns were as successful as the Netherlands example we describe in this report, the total attempted fraud could be as high as €2 billion.


TOPICS: Business/Economy; Crime/Corruption; Government; Miscellaneous
KEYWORDS: bankingcyberattack; cyberattack; mcafee; usa
http://blogs.csoonline.com/malwarecybercrime/2236/mcafee-peels-back-layers-operation-high-roller

http://www.networkworld.com/news/2012/062712-cybercriminals-build-massive-banking-fraud-260503.html

http://articles.chicagotribune.com/2012-06-25/business/sns-rt-us-online-bankfraudbre85p046-20120625_1_smaller-transfers-money-mules-researchers

http://www.itpro.co.uk/641386/mcafee-uncovers-europe-wide-bank-fraud-scam

1 posted on 06/27/2012 8:06:16 AM PDT by freedommom
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To: freedommom

It sounds as if they are hitting commercial accounts and rich individuals by name. If true, that pretty well leaves me out.


2 posted on 06/27/2012 8:10:34 AM PDT by Cicero (Marcus Tullius)
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To: freedommom
saw this post on one of the articles....

Governments have needed a pretext to tighten banking regulations and gain even more authority over the individual movement of capital. Whether real or a false flag, this cyber attack may very well give them the ammunition they need to take complete control of the internet.

3 posted on 06/27/2012 8:11:31 AM PDT by freedommom
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To: freedommom

I think I’m safe because I imagine they are only going after accounts with money in them.


4 posted on 06/27/2012 8:13:34 AM PDT by circlecity
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To: Cicero

Should watch for any sudden campaign contribution spikes for zer0’s handful of money laun... I mean PACs and reelection reports


5 posted on 06/27/2012 8:16:09 AM PDT by C210N ("ask not what the candidate can do for you, ask what you can do for the candidate" (Breitbart, 2012))
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To: rdb3; Calvinist_Dark_Lord; Salo; JosephW; Only1choice____Freedom; amigatec; stylin_geek; ...

6 posted on 06/27/2012 8:19:01 AM PDT by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: rdb3; Calvinist_Dark_Lord; Salo; JosephW; Only1choice____Freedom; amigatec; stylin_geek; ...

7 posted on 06/27/2012 8:19:53 AM PDT by ShadowAce (Linux -- The Ultimate Windows Service Pack)
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To: freedommom; ShadowAce

I’m safe. I ain’t got no money.

Besides, I got Microsoft Firewall turned on...........


8 posted on 06/27/2012 8:21:42 AM PDT by Red Badger (Think logically. Act normally.................)
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To: freedommom

“Whether real or a false flag, this cyber attack may very well give them the ammunition they need to take complete control of the internet.”

This is the first thing to come to my mind also.


9 posted on 06/27/2012 8:22:53 AM PDT by phockthis (http://www.supremelaw.org/fedzone11/index.htm ...)
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To: phockthis

10 posted on 06/27/2012 8:25:21 AM PDT by Red Badger (Think logically. Act normally.................)
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To: ShadowAce

11 posted on 06/27/2012 8:28:38 AM PDT by Red Badger (Think logically. Act normally.................)
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To: freedommom

China?


12 posted on 06/27/2012 8:31:24 AM PDT by wastedyears ("God? I didn't know he was signed onto the system.")
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To: wastedyears

china on russian servers...once the usd fails they can bring in the bric reserve currency


13 posted on 06/27/2012 8:33:55 AM PDT by lancium
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To: freedommom

bk


14 posted on 06/27/2012 8:37:48 AM PDT by no-to-illegals (Please God, Protect and Bless Our Men and Women in Uniform with Victory. Amen.)
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To: Cicero

This week I needed to transfer money to another country. My bank strongly recommended I set up a stand-alone checking and savings for money transfers only (both free).


15 posted on 06/27/2012 8:40:28 AM PDT by steveo
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To: Cicero

me too i bet they might even put some in to my account


16 posted on 06/27/2012 8:52:28 AM PDT by al baby (Hi Mom)
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To: circlecity

LOL - Same here, brother.


17 posted on 06/27/2012 8:54:37 AM PDT by glennaro
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To: freedommom
The true story, Fatal System Error: The Hunt for the New Crime Lords Who Are Bringing Down the Internet talks about this type of thing. The Russian mafia versus the Brits and the US trying to stop them. Good story, but it will really open your eyes as to how unsafe the internet is, and how vulnerable our personal information is.
18 posted on 06/27/2012 9:02:56 AM PDT by Hoffer Rand (There ARE two Americas: "God's children" and the tax payers)
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To: freedommom

Peter Gibbons and Michael Bolton, is that you??


19 posted on 06/27/2012 9:09:12 AM PDT by Buckeye McFrog
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To: freedommom

Well.... seems Obama donors aren’t ponying up like they were four years ago.

Guess he had to launch OPERATION HIGH ROLLER to get enough to win.


20 posted on 06/27/2012 9:13:51 AM PDT by UCANSEE2 (Lame and ill-informed post)
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To: freedommom

ummm... this doesn’t sound like great news..


21 posted on 06/27/2012 9:19:42 AM PDT by SomeCallMeTim ( The best minds are not in government. If any were, business would hire them)
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To: Cicero

for now


22 posted on 06/27/2012 9:29:56 AM PDT by CGASMIA68
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To: steveo

Very good (and safe) advice... it would make it like a debit card.. if it’s not there, they can’t take it ;)


23 posted on 06/27/2012 9:45:21 AM PDT by Bikkuri (Choose, a communist, socialist or Patriot)
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To: freedommom

My gut tells me this is just the beginning of a long, hot summer ... and summer isn’t even a week old yet.

Now Obummer will have an excuse to exercise his new powers to control the Internet, under the guise of a national emergency. Does he really have a “kill switch” for the whole shebang?

I sure hope everybody has a plan for meeting friends face-to-face, because you might not be able to reach them online for much longer.


24 posted on 06/27/2012 10:29:35 AM PDT by DNME (A monarch's neck should always have a noose around it. It keeps him upright. — Robert Heinlein)
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To: freedommom

25 posted on 06/27/2012 10:41:01 AM PDT by SolidRedState (I used to think bizarro world was a fiction.)
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To: circlecity; freedommom
I think I’m safe because I imagine they are only going after accounts with money in them.

Well... I guess that gives a bunch of us something to actually be able to THANK the PRESIDENT for.

If not for him, we'd all have a ton of money to be stolen.

26 posted on 06/27/2012 12:00:24 PM PDT by UCANSEE2 (Lame and ill-informed post)
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To: ShadowAce

Thanks for the ping.


27 posted on 06/27/2012 7:56:48 PM PDT by GOPJ (The 'doting court eunuchs' of the MSM fail to notice...)
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